UNI Rejects Resistance, Eyes Higher Highs? 👀🔥
#UNI l price encountered resistance at the $11.59 - $11.78 zone, sparking a rejection and a breakout from its previous channel pattern. Interestingly, this occurred alongside #bullish market structure, suggesting potential upside.
A bounce off the trendline could provide the necessary momentum to break through the resistance and establish a new higher high for $UNI . However, it's important to remember that technical analysis isn't a crystal ball.
